60 per cent of IT teams speak to their executive team about cyber security, while 54 per cent do not educate their employees on cyber security.
According to a study of 5,000 global security professionals by Websense and the Ponemon Institute, 58 per cent want their company to invest more in skilled personnel and technologies to be effective in executing against their company’s cybersecurity objectives and mission, and a third (36 per cent) would completely overhaul their current enterprise security system if they had the resources and opportunity.
Security professionals felt the top three events that would compel executive teams to allocate more money to cyber security initiates are: exfiltration of intellectual property (85 per cent), data breach involving customer data (52 per cent of respondents) and loss of revenue because of system downtime (49 per cent).